Movement Alert｜Direxion Daily Semiconductor Bear 3X ETF Declines 8.08% in Regular Trading, Trading at $3.3501

Market Focus

Jun 22

On June 22, Direxion Daily Semiconductor Bear 3X ETF (SOXS) declined 8.08% in regular trading, trading at $3.3501 USD/share, with turnover of $599 million.

The fund invests at least 80% of its net assets in financial instruments that, in combination, provide 3X daily inverse (opposite) or short exposure to the ICE Semiconductor Index, which tracks the performance of the thirty largest U.S. listed semiconductor companies. The sharp decline in this inverse-leveraged product indicates significant strength in the underlying semiconductor sector during the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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